This bilingual blog - 'आन्याची फाटकी पासोडी' in Marathi- is largely a celebration of visual and/or comic ...तुकाराम: "ढेकणासी बाज गड,उतरचढ केवढी" (Tukaram: For a bedbug a bed is like a castle. so much climbing up and down!)... George Santayana: " Everything in nature is lyrical in its ideal essence, tragic in its fate, and comic in its existence"...William Hazlitt: "Pictures are scattered like stray gifts through the world; and while they remain, earth has yet a little gilding."

G C Lichtenberg: “It is as if our languages were confounded: when we want a thought, they bring us a word; when we ask for a word, they give us a dash; and when we expect a dash, there comes a piece of bawdy.”

H. P. Lovecraft: "What a man does for pay is of little significance. What he is, as a sensitive instrument responsive to the world's beauty, is everything!"

John Gray: "Unlike Schopenhauer, who lamented the human lot, Leopardi believed that the best response to life is laughter. What fascinated Schopenhauer, along with many later writers, was Leopardi’s insistence that illusion is necessary to human happiness."

Justin E.H. Smith: “One should of course take seriously serious efforts to improve society. But when these efforts fail, in whole or in part, it is only humor that offers redemption. So far, human expectations have always been strained, and have always come, give or take a bit, to nothing. In this respect reality itself has the form of a joke, and humor the force of truth.”

Sunday, October 26, 2008

"Alan Greenspan, the former Federal Reserve chairman, said on Thursday the credit crisis had exceeded anything he had imagined and admitted he was wrong to think that banks would protect themselves from financial market chaos."

In 1984, my first job with corporate India was at the then most fashionable now almost-extinct multi-national.

Along came the company of some pretty girls. There was just one problem. Most of them were very fond of Ayn Rand and I didn’t know who Ms. Rand was.

Paul Krugman said on October 17, 2008 in NYT:

“…Despite repeated interest rate cuts, which eventually brought the federal funds rate down to just 1 percent, the unemployment rate just kept on rising; it was more than two years before the job picture started to improve. And when a convincing recovery finally did come, it was only because Alan Greenspan had managed to replace the technology bubble with a housing bubble…”

Housing-bubble fame Alan Greenspan is a disciple of Ms. Rand.

Paul Krugman said on December 21 2007 in NYT:

“…So where were the regulators as one of the greatest financial disasters since the Great Depression unfolded? They were blinded by ideology.

“Fed shrugged as subprime crisis spread,” was the headline on a New York Times report on the failure of regulators to regulate. This may have been a discreet dig at Mr. Greenspan’s history as a disciple of Ayn Rand, the high priestess of unfettered capitalism known for her novel “Atlas Shrugged.”

In a 1963 essay for Ms. Rand’s newsletter, Mr. Greenspan dismissed as a “collectivist” myth the idea that businessmen, left to their own devices, “would attempt to sell unsafe food and drugs, fraudulent securities, and shoddy buildings.” On the contrary, he declared, “it is in the self-interest of every businessman to have a reputation for honest dealings and a quality product.”

It’s no wonder, then, that he brushed off warnings about deceptive lending practices, including those of Edward M. Gramlich, a member of the Federal Reserve board. In Mr. Greenspan’s world, predatory lending — like attempts to sell consumers poison toys and tainted seafood — just doesn’t happen…”

HARRIET RUBIN said on September 15, 2007 in NYT:

“…Shortly after “Atlas Shrugged” was published in 1957, Mr. Greenspan wrote a letter to The New York Times to counter a critic’s comment that “the book was written out of hate.” Mr. Greenspan wrote: “ ‘Atlas Shrugged’ is a celebration of life and happiness. Justice is unrelenting. Creative individuals and undeviating purpose and rationality achieve joy and fulfillment. Parasites who persistently avoid either purpose or reason perish as they should...”

Gore Vidal has described Atlas Shrugged’s philosophy as “nearly perfect in its immorality.”

Pages

Will Self: “To attempt to write seriously is always, I feel, to fail – the disjunction between my beautifully sonorous, accurate and painfully affecting mental content, and the leaden, halting sentences on the page always seems a dreadful falling short. It is this failure – a ceaseless threnody keening through the writing mind – that dominates my working life, just as an overweening sense of not having loved with enough depth or recklessness or tenderness dominates my personal one.” John Berger: “Seeing comes before words. The child looks and recognizes before it can speak. But there is also another sense in which seeing comes before words. It is seeing which establishes our place in the surrounding world; we explain that world with words, but words can never undo the fact that we are surrounded by it. The relation between what we see and what we know is never settled.” Ezra Pound: "Make it new"...Mark Twain: "Oh, dear me, how unspeakably funny and owlishly idiotic and grotesque was that “plagiarism” farce! As if there was much of anything in any human utterance except plagiarism!... For substantially all ideas are second-hand, consciously and unconsciously drawn from a million outside sources.”… John Crowley: "Meanwhile the real world then, no matter what, will be as racked with pain and insufficiency as any human world at any time. It just won’t be racked by the same old pains and insufficiencies; it will be strange. It is forever unknowably strange, its strangeness not the strangeness of fiction or of any art or any guess but absolute. That’s its nature."...Alexander Waugh: "Beware of seriousness: it is a form of stupidity"...Charles Simic: "There is a wonderful moment when we realize that the picture we’ve been looking at for a long time has become a part of us as much as some childhood memory or some dream we once had. The attentive eye makes the world interesting. A good photograph, like a good poem, is a self-contained little universe inexhaustible to scrutiny." ... Hilary Mantel: “It’s for Shakespeare to penetrate the heart of a prince, and for me to study his cuff buttons.”… Ingmar Bergman: "It is my opinion that art lost its basic creative drive the moment it was separated from worship. It severed an umbilical cord and now lives its own sterile life"... Graham Greene: "Kim Philby betrayed his country-yes, perhaps he did, but who among us has not committed treason to something or someone more important than a country?"... Friedrich Schlegel: "Hercules…labored too…But the goal of his career was really always a sublime leisure, and for that reason he became one of the Olympians. Not so this Prometheus, the inventor of education and enlightenment…Because he seduced mankind into working, [he] now has to work himself, whether he wants to or not"... Walt Whitman: “Do I repeat myself? Very well then, I repeat myself.”...W H Auden: "…though one cannot always/ Remember exactly why one has been happy,/ There is no forgetting that one was"...Walter de la Mare: "No, No, Why further should we roam / Since every road man Journeys by, / Ends on a hillside far from Home / Under an alien sky"...Franz Kafka: “You can hold back from the suffering of the world. You have free permission to do so, and it is in accordance with your nature. But perhaps this very holding back is the one suffering you could have avoided.”..."Over these unremembered marble columns, / birds glide their old remembered way. / Dive in red gold setting tide and write dark alphabets on evening sky /whether an epitaph, chorus or strange augury / little man you only hope to know!"